Hyperliquid Policy Center Pushes SEC for 5 Major Changes to Proposed Crypto Rules

The Hyperliquid Policy Center has submitted a request asking the SEC to make five major changes to its proposed crypto rules, covering airdrops, secondary trading, token buybacks, safe harbor eligibility, and durable federal protections for projects. This is an advocacy and policy-comment development rather than a regulatory ruling, so it does not directly alter the legal status of any asset or market. Traders may watch for signs that the SEC is receptive to clearer token and airdrop guidance, but no concrete decision or timeline is attached to this request.